Which of the following statements is false?
A) The national unemployment rate does not tell us how the burden of unemployment is distributed across the population.
B) During a recession, the number of disheartened workers increases and this tends to reduce the unemployment rate.
C) A low national unemployment rate does not mean that the entire nation is growing and producing at the same rate.
D) If the unemployment rate is 10%, this means that on average people have been unemployed for 10% of the year.
Correct Answer:
Verified
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